Diplomat calls US’ allegations about isolation of Russia in UN 'strange'Russian Politics & Diplomacy April 28, 20:58
Experts say Russian hackers strongly demonized in USRussian Politics & Diplomacy April 28, 20:35
Ferrari drivers clock best time in Practice Two of Russia F1 GP in SochiSport April 28, 19:54
Red Bull’s advisor Marko says Kvyat to possibly remain with Toro Rosso next yearSport April 28, 19:16
Pope Francis blesses pregnant TASS correspondent en route to EgyptWorld April 28, 18:55
Russian diplomat says use of military force against North Korean unacceptable, dangerousRussian Politics & Diplomacy April 28, 18:45
UN chief calls for lowering risk of miscalculation concerning North Korea issueWorld April 28, 18:15
Moscow deeply regrets Montenegro’s decision to join NATORussian Politics & Diplomacy April 28, 18:07
Maria Sharapova reaches Porsche Grand Prix semifinalsSport April 28, 17:50
MOSCOW, July 24 (Itar-Tass) —— Russia will join the World Trade Organization (WTO) on August 22, and it will be beneficial to both Russia itself and its partners, Russian Foreign Ministry Spokesman Alexander Lukashevich said on Tuesday.
“On July 23, the government of the Russian Federation officially notified the Secretariat of the World Trade Organization about completion of all domestic procedures needed to be admitted to the WTO, including the ratification of the protocol on Russia’s joining the April 15, 1994 Marrakesh Agreement Establishing the World Trade Organization signed in Geneva on December 16, 2011,” the diplomat said.
In line with the WTO rules, Russia will join it on August 22, 2012, or the 30th day after the said notification was handed over.
“The completion of the years-long negotiating process on Russia’s accession of the World Trade Organization is an event of great political significance, advantageous both to us and to our partners,” the spokesman noted. “Membership in this universal trade club will expand Russia’s possibilities to defend its national interests.”
“It reiterates our course towards integration into the global economy and its key institutions, consolidates international positions of the country as a key participant in the global trade and economic architecture,” Lukashevich said.
As a WTO member, Russia “will pursue a policy towards constructive cooperation with all member states in order to observe the current rules of international trade and to work out its new principles that would meet the present-day challenges of global development,” he added.